COMPANIES

• BAT to hike VST stake
• UTI Bank may offload equity; talks on with Citi, Fortis
• Sony’s plans come to naught
• Crompton Greaves to lay off 900 workers
• Pfizer sues Cadila over Penegra
• Bharti Telenet picks up 30 percent stake in Bharti Telesonic
• ModiCorp to be prime mover behind BK Modi Group’s Net foray
• Canon looks for tie-ups with PC-makers for new digital camera range
• Reliance Petro to retail controlled products
• SAIL to enter into JV with DVC and NTPC for 2 power plants
• McDonald’s parent can claim franchisee fee from Indian operations
• Bajaj Electricals net up 104 percent in 2001
• FIs now say DPC power possible at Rs 3 per unit
• Dabur goes in for a youthful look
• BK Birla group puts ECE elevator unit on the block
• Netkraft targets $100 m revenues by 2005
• Yamaha to focus on increasing market share
• Hyundai launches new variant of Accent
• Contempt charge against Bright Star
• IOC gives nod for Rs 3,365-cr upgrade of Panipat refinery
• Dhanalakshmi Bank plans to launch 1:1 rights issue
• US court orders Kitply to pay $2.25-m compensation

GENERAL

• Industrial output slumps in April
• Govt puts new definition on CBUs
• Private FM broadcast in Bangalore from June 29
• Boost credit boost to three sectors says government

CAPITAL MARKET

• Media stocks in limelight
• Sensex dips 11 pts
• FIs rethink on VST stake sale
• Bombay Dyeing, Britannia plan to buyback shares
• No compensation for Vyaj badla investors